Business News from October 2012

October 30 - October 30 - Earlier this year, in response to market demands and increased shipping volumes, Ukrainian forwarding company, Farcont Ltd, set up a separate department and profit centre for its project cargo activities.

October 29 - October 29 - The costs involved in operating a vessel are expected to rise by 3 percent in both 2012 and 2013 according to a new survey by international accountant and shipping consultant Moore Stephens.

October 26 - October 26 - Harbor Freight Transport Corp, a full service warehouse operator inside the Port of New York, USA has been appointed a member of the Cargo Equipment Experts (CEE) network in the crane, haul, pack, rig, and skid, service categories.

October 24 - October 24 - SNCF Geodis, the department of the French rail company responsible for freight transportation and logistics, has named Marie-Christine Lombard as chief executive officer of Geodis, effective from today (October 24, 2012).

October 23 - October 23 - A transfer company is being set up for all 1,750 employees of insolvent German shipbuilder P+S Werften?by the State of Mecklenburg-Western Pomerania, representatives of the works council at P+S Werften, and IG Metall, the dominant metal worke

October 19 - October 19 - As another working week draws to a close, HLPFI's Friday Flyer, our round-up of news from the last few days, spiced up with a little anecdotal commentary from the editorial team, drops into your in-box.

October 18 - October 18 - AVIC International Investments has signed an agreement to acquire the majority of the shares in Finland based consultancy, ship design and marine engineering company Deltamarin.

October 17 - October 17 - Offshore wind installation and service solutions provider A2SEA has appointed Sascha Wiesner as regional manager for Germany, to replace Martin Huss, who has just taken over a new position as chief strategy officer of A2SEA (as reported in HL

October 16 - October 16 - Members of the World Customs Organization (WCO) should embrace and implement the principles of the Revised Kyoto Convention and shift from a dependency on paper documents to a full e-Customs environment, says the Global Air Cargo Advisory Gro

October 12 - October 12 - With HLPFI staff returning from the Air Cargo Forum in Atlanta and Houston's Breakbulk America event, it's all hands now back on deck at the office. Tales of joint ventures, takeovers and mergers throughout the industry have dominated this we

October 12 - October 12 - Damco is set to acquire PacNet, a leading freight forwarder in China and Australia, with almost 400 employees and a turnover of USD180 million in its last financial year (2011), as well as offices in Italy, India, the UK and the USA.

October 11 - October 11 - In a keynote address to delegates of the 2012 Breakbulk Americas conference at the George R. Brown Convention Center in Houston on October 10, 2012, Ron Widdows, CEO of Germany-based Rickmers-Linie, queried when there would be an economic pic

October 11 - October 11 - A recent Alphaliner report suggests that the liner shipping industry is unlikely to see much consolidation in the foreseeable future despite the carriers' present financial difficulties.

October 10 - October 10 - Manchester, UK-based freight logistics provider, Cardinal Maritime Group, has completed a deal with founder Brian Hay that has delivered control of the business to the management team.

October 8 - October 8 - The International Chamber of Shipping (ICS), which claims to represent over 80 percent of the world merchant fleet, has welcomed the acknowledgment by governments at the International Maritime Organization (IMO) that there will be significant

October 5 - October 5 - With three members of HLPFI staff at the Air Cargo Forum in Atlanta and two others heading to Houston for next week's Breakbulk America's event, it's been a little like the Marie Celeste in our head office this week.The news that Turkey, a key

October 5 - October 5 - Industrial Training International (ITI) reports a doubling of its employee head-count in the last 28 months adding instructors in the USA and Canada and business professionals at its corporate headquarters in Woodland, Washington.

October 3 - October 3 - According to the latest update to its biennial forecast for the air cargo industry - the Boeing World Air Cargo Forecast 2012/13 - the global air cargo market will expand at a 5.2 percent rate annually over thenext 20 years, driven by a world